Some reference points for the 12 months to December 12th
I shares MSCI World Index up 17.03%
I Shares Emerging Market Index up 17.31%
I Shares Global Real Estate up 27.98%
I shares Euro Inflation linked Bond fund up 12.52%
Vanguard Euro Investment Grade Bond index fund up 13.06%
I shares Euro Stoxx 600 up 20.11%
Source Bloomberg, all funds traded in Euros
As someone explained to me, recent market conditions have been like drinking from a fire hydrant. A monkey with a dart and a copy of the FT will have been making double digit returns.
Investors need to focus in the long term and their need, willingness and capacity to take risks, keeps costs down and diversify broadly.
Most funds sold in Ireland today do not do this.